Research Questions
The main questions we are trying to answer from the data are: (1) What are the starting salary trends for FSB graduates as a whole and for individual majors? (2) What are the placement trends for FSB graduates overall and for each FSB major?
FSB Starting Salary Trends
When looking at the average salary of an FSB graduate throughout the years 2019-2021, one noticeable year was 2020. Of the three years, 2020 had the highest average starting salary ($60,560) for FSB graduates. According to the NACE Salary Survey (wpi.edu-2020), which shares starting salary projections for the 2020 new college graduates, they predicted an average salary of $57,940 for Bachelor’s Degree Graduates in Business. The starting salary for FSB graduates in 2020 was even above predictions by about $2,600.
Major Salary and Placement Trends
Looking further into the average starting salary for FSB Graduates by their major, all majors except Business Analytics saw a salary increase from 2019 to 2020. Most majors peaked in 2020 and then saw a decline in starting salaries for 2021, with the exception of Information Systems, Business Analytics, and Human Capital Management & Leadership. For 2019, those who majored in Business Analytics had the highest average starting salary of $71,000 and
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